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i24NEWS ArabicEconomy

Shefa-Amr Bets on IMEC Corridor for New Economic Gateway

Translated & summarized from i24NEWS Arabic by baba

CenterNeutral tone

Arabic · 1 newsroom

Shefa-Amr, an Arab city near Haifa, is part of a 53-municipality coalition aiming to benefit from the India-Middle East-Europe (IMEC) economic corridor by leveraging its location and diverse population.

The story in 5 lines · by baba

  • Shefa-Amr seeks economic gains from the IMEC corridor.
  • It's part of a 53-town coalition called 'The Next Gulf'.
  • The city highlights its history of coexistence and diverse population.
  • IMEC is seen as a project creating wider economic opportunities.
  • Shefa-Amr aims to be an active participant in the new trade route.

Shefa-Amr, a city located near Haifa Port, is positioning itself to benefit from the economic opportunities presented by the India-Middle East-Europe (IMEC) corridor. The city is part of a coalition of 53 towns and cities in the Haifa and Beit She'an Valley region, dubbed "The Next Gulf," which aims to capitalize on the project.

Shefa-Amr, a mixed city with Muslim, Christian, and Druze populations, boasts a long history of coexistence, reflected in its "Square of Religions." Its strategic location between the coast and the Galilee, coupled with its commercial activity and inter-community relations, makes it a candidate for economic integration into the IMEC initiative.

The IMEC project is viewed not just as a trade route for goods from India to Europe via the Gulf, but as a catalyst for broader economic, commercial, and investment opportunities. The 53 municipalities involved seek to ensure that the project's benefits extend beyond the port and railway infrastructure to the surrounding communities.

Shefa-Amr's ambition is to leverage its location, commercial dynamism, diverse population, and regional ties to become a significant Arab city within the new economic landscape fostered by the IMEC corridor. The city hopes to be an integral part of this new trade route, not merely located adjacent to it.

i24NEWS ArabicCentre · Jaffa

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Mentioned

Full coverage · 3 outlets
First: i24NEWS English · Sep 2

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